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Listed price in listed location currency (CAD).
$1,350,000

000

MLS® X13749012

Overview

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage None
Taxes 
Days Active 2
Lot Size 1.012
Approx. Age 
MLS® Number X13749012

Property Address: 1-37 Ontario St N, Grand Bend, ON, N0M1T0

Average square foot calculated using Size range provided by listing agent.

Description

**ATTENTION INVESTORS** scoop up an easy 6 CAP with this hassle free GRAND BEND income opportunity just steps to the 3rd best beach in Canada & situated in a high traffic location in one of the fastest growing rural towns in the country! In search of a STABLE & SECURE venue to park some money: This young & fresh 9000 SQ FT commercial condo w/ 26 YR tenant on a BRAND NEW 5 YR TRIPLE NET LEASE (commencing Sept 15, 2026) provides reliable fixed term income generating $81K per yr for the first 3 yrs & $85.5K on the last 2 years, w/ the TMI covering everything else & leaving the owner w/ ZERO expenses per yr! As most savvy income-minded investors are aware, successful business tenants in a growing community are likely a safer bet than the stock market/equities, which is likely the catalyst for the substantial investments that have been made in the Grand Bend area over past 3 to 5 yrs, all simultaneous to more families & younger generational buyers migrating to the beach for year round living! Bottom line, the smart money is recognizing this trend & its here in Grand Bend. During the past 5 years alone, there has been approximately 10 X more capital invested on individual property sales for development & investment purposes on commercial & mixed use properties in Grand Bend than the total amount spent on such land & buildings in the previous 20 yrs COMBINED! Why is all of this so crucial for a commercial income property like this one? Because, these trends is now fostering a rapidly growing customer base for the year round commercial tenant at this excellent location! And w/ commercial tenancy, landlord's upkeep responsibilities are minimal + the Commercial Tenancies Act is more landlord friendly than the RTA! This offering provides easy low hassle income in a prime spot w/ everlasting visibility directly across from the Tim Horton's drive thru! 10+ all around!
MLS® NumberX13749012
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
Basement
DrivewayGarage Type:None
Garage Spaces
HeatGas Forced Air Closed
A/CYes

Extras

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

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Today, For Sale for $1,350,000

Excellent hands-off income property in Grand Bend
For Sale · 1 day

$1,350,000

MLS® X13749012

A day ago

Not Sold Yet

December 2026, Withdrawn for $1,350,000

Excellent hands-off income property in Grand Bend
Withdrawn · 229 days

$1,350,000

MLS® X13137424

In 4 months

Canceled on Dec 31, 2026

  • Dec 31, 2026, Withdrawn for $1,866

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